Last updated on June 25, 2026

Average rent in
School of the Art Institute of Chicago, IL

Median rent

Median rent in Chicago

$3,173/mo

increased by10%

vs previous year

The average rent in Chicago is $3,173 per month as of June 2026. This is 63% above the national average rent, or $1,223 more per month.

$3.62

average price per square foot

Total rentals

Available rentals in Chicago

832

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Chicago rentals at each price point

45%34%23%11%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in School of the Art Institute of Chicago, IL

Average rent prices in Chicago have increased by 10% since last year. At this time, we don't have enough information to generate yearly trends. Please see below for more rent price details.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in School of the Art Institute of Chicago, IL

Rent prices in Chicago vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Chicago is $3,240, whereas a house costs $3,600. 1-bedroom apartments in Chicago run $3,027 on average, while 2-bedroom apartments are $4,330.

Listings

Studio

$2,426

-

100%

1 bedroom

$2,950

-

103%

2 bedroom

$4,200

-

74%

3 bedroom

$6,850

-

38%

4 bedroom

$1,629

-

34%

Studio

Average rent

$2,426

Last year

100%

1 bedroom

Average rent

$2,950

Last year

103%

2 bedroom

Average rent

$4,200

Last year

74%

3 bedroom

Average rent

$6,850

Last year

38%

4 bedroom

Average rent

$1,629

Last year

34%

The table above reflects average rent prices in School of the Art Institute of Chicago, IL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Discover rentals in School of the Art Institute of Chicago, IL

731 Plymouth by 3L Living - Photo 1 of 1

21h ago

7.4

Very good

731 Plymouth by 3L Living

731 S Plymouth Ct, Chicago, IL 60605

1–3 beds

1 bath

$1,979–$3,379

Apartment for rent

Straits Row - Photo 1 of 1
Student housing
Rent special

6h ago

9.3

Excellent

Our team has verified this company

Verified

Straits Row

633 S La Salle St, Chicago, IL 60605

Studio

1 bath

$2,359–$2,499

Apartment for rent

Available Aug 21

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Frequently asked questions for School of the Art Institute of Chicago, IL

Quick answers to common questions about the Chicago rental market.

How much is rent in Chicago?

The average rent in Chicago is $3,173 per month as of June 20, 2026.

Is rent up or down in Chicago?

Average rent prices in Chicago have increased by 10% since last year.

How does Chicago rent compare to the national average?

Rent in Chicago is 63% above the national average, which means renters are paying approximately $1,223 more per month.

What salary do I need to afford rent in Chicago?

To comfortably afford rent in Chicago, you'd need to earn approximately $127,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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